The study said that it could cost a third of global GDP to operate, but would result in an overall increase of the global GDP by as much as 130%.

The following report is by Business Insider:

Some might say a universal basic income is wishful thinking, but one study suggests it could have staggering impacts on the global economy.

Researchers behind the newly published study, called “Utilizing basic income to create a sustainable, poverty-free tomorrow,” outlined how universal basic income could provide a “two-pronged solution to both environmental sustainability and social resilience” that could grow the global GDP from 39% up to 130%.

Basic income pilots gained popularity after the COVID-19 pandemic, which caused record-high unemployment — nearly 15% — in the United States in early 2020.

Most American programs are guaranteed basic income pilots, which provide a specific demographic of people with a set amount of cash with no strings attached for a predetermined time period. A universal basic income program, or UBI, would provide regular cash payments to everyone.

Rashid Sumaila, the study’s primary author at the University of British Columbia, found that a UBI funded by carbon taxes on a global scale would be costly upfront but pay off in spades.

The study said that it could cost a third of global GDP to operate, but would result in an overall increase of the global GDP by as much as 130%.

“I must concede that the US may be the last place to engage with our proposal for all sorts of reasons,” Sumaila told Business Insider. “But the situation may not persist forever as there are indications that Gen Z and millennials seem to care relatively more about tackling both climate change and inequality than older Americans.”

Basic income pilots in America have met with opposition from conservative lawmakers. One representative in Iowa, which moved to ban such programs, called it “socialism on steroids.” In other parts of the world, however, the idea enjoys wide political support. South Africa is on track to be the first country to adopt a universal basic income.

Sumaila and the study’s other co-authors focused on funding this global UBI plan through a carbon tax “because of the global push to reduce carbon emissions to reach sustainability goals,” the study says. They found that a carbon tax could generate trillions annually, depending on the scale of the flat tax.

In theory, it is a beautiful idea to use basic income to help people, sustain nature, and boost the economy. It also seems possible to raise a big chunk of the funds needed to do this by taxing C02 emitters, degraders of biodiversity, overfishers, deforesters, plastic polluters, oil spillers, and the agricultural sector.

Sumaila told Business Insider.

AUTHOR COMMENTARY

In January, during the annual World Economic Forum summit meeting in Davos, panelists in the final panel discussion said that the framework for a global carbon tax had been created, but the elites are basically waiting for the right moment to implement it, as the panelists admitted they were anxious to roll it out. Head of the European Central Bank (ECB), Christine Lagarde, said during the forum: “these agreements have been approved at the OECD level, they just need to be ratified, so it’s there, let’s get on with it and move,” she said.

Definitely give that report to read more details into this: “As Forecast: World Economic Forum Panelists Adamantly Demand A Global Carbon Tax Be Implemented Soon”

The elites are building up to this moment to implement such a tax. At this point, I don’t think it’ll be this year. I think at some point the elites figured it’s better to relatively cruise through this year, and then let all hell break loose in 2025 and thereafter. This is in tandem of course with the CBDCs and tokenization. The framework of the “old world order” has to go, hence why they say “build back better.”

SEE: Hunger Games: World Bank And Cargill Simulated Food Crisis That Starts In 2020 During Pandemic, Predicts Carbon And Meat Taxes In 2024

IMF Chief Kristalina Georgieva Urges Governments To Implement Carbon Tax To Reduce Emissions

Elon Musk Calls For A Global Carbon Tax – Something He’s Been Advocating For Years

World Economic Forum Panelist Thinks It’s Good People Can’t Afford Electricity And Basic Living Standards, Helping With Decarbonization


[7] Who goeth a warfare any time at his own charges? who planteth a vineyard, and eateth not of the fruit thereof? or who feedeth a flock, and eateth not of the milk of the flock? [8] Say I these things as a man? or saith not the law the same also? [9] For it is written in the law of Moses, Thou shalt not muzzle the mouth of the ox that treadeth out the corn. Doth God take care for oxen? [10] Or saith he it altogether for our sakes? For our sakes, no doubt, this is written: that he that ploweth should plow in hope; and that he that thresheth in hope should be partaker of his hope. (1 Corinthians 9:7-10).

The WinePress needs your support! If God has laid it on your heart to want to contribute, please prayerfully consider donating to this ministry. If you cannot gift a monetary donation, then please donate your fervent prayers to keep this ministry going! Thank you and may God bless you.

CLICK HERE TO DONATE

4 Comments

  • That’s what all this climate change hysteria has been all about from the get-go. Just another way to make the wallets of the citizens of the world, mostly white citizens, a little bit lighter. And most likely the clearing house for all this new revenue these “globalists” have been salivating over, will be based on some UN property in Europe to be funneled to points eastward.

  • We know which Bull that crap comes out of, and its end. All living things, & everything sacrificed on that altar of sacrifice is made of carbon. They’ll have their day, but the Lord has a sacrifice, too. Eyes on the Lord Jesus Christ, ears alert to his words and call. We are but pilgrims and ambassadors here.

Leave a Comment

×